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India's natural rubber price dips to over 4-year low - dealers  

MUMBAI, April 21 (Reuters) - Natural rubber prices in India, the world's fifth-biggest producer, dropped to their lowest level in more than four years on Monday, following losses in overseas prices and on sluggish demand, three dealers said. Lower prices would bring down raw material costs for tyre makers, thereby boosting their profitability, as natural rubber makes up more than 40 percent of the cost of a tyre....More
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TABLE-Sanden -2013/14 group forecast  

Apr 21 (Reuters) - Sanden Corp CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified) Full Year to Full Year to Mar 31, 2014 Mar 31, 2014 LATEST PREVIOUS FORECAST FORECAST Sales 273.00 270.00 Operating 4.50 7.00 Recurring 5.00 7.00 Net 5.50 4.50 EPS 40.12 yen 32.82 yen N...More
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Toyota says considering expanding China production capacity  

By Yoko Kubota and Norihiko Shirouzu BEIJING, April 21 (Reuters) - Toyota Motor Corp is considering significantly expanding its production capacity in China as is seeks to catch up with global rivals in the world's largest auto market, a senior executive said on Monday....More
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TABLE-Mitsui Engineering -2013/14 group forecast  

Apr 21 (Reuters) - Mitsui Engineering & Shipbuilding Co Ltd CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified) Full Year to Full Year to Mar 31, 2014 Mar 31, 2014 LATEST PREVIOUS FORECAST FORECAST Sales 670.00 680.00 Operating 20.00 16.00 Recurring 26.00 17.00 Net 42.00 7.00 EPS 50.77...More
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INDONESIA PRESS-Astra Agro plans to raise rubber plantation by 2,000 hectares -Investor Daily  

Plantation company PT Astra Agro Lestari plans to increase its rubber plantation by 2,000 hectares this year, adding to its existing 500-hectare of rubber plantation in Central Kalimantan, to supply Astra's tyre production unit PT Astra Otoparts, said Finance Director Rudy Chen. Astra Agro, a unit of PT Astra International, plans to spend more than 3 trillion rupiah ($262.7 million) on capital expenditure this year, slightly up from its capex in 2012 at 2.87 trillion rupiah ($251.3 million)....More
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RPT-In the driving seat: China's yuppies are new market force for global automakers  

(Repeats story first published on Sunday. No changes to text.) By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING, April 20 (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model....More
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Lexus aloof from China production while Nissan, Honda step in  

* Lexus imports cars from Japan for China market * Tariffs on imports a handicap * Infiniti says China production can start out more costly By Yoko Kubota BEIJING, April 20 (Reuters) - The head of Lexus, the premium brand of Toyota Motor Corp, said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG's luxury division and BMW, Lexus imports all of its vehicles sold in China, from Japan....More
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BMW helping Brilliance China to develop new minibuses  

BEIJING, April 20 (Reuters) - Olaf Kastner, Chief Executive of BMW Brilliance Automotive, said the joint venture between BMW Group and Brilliance China Automotive Holdings Ltd had diversified beyond building BMW branded cars in the world's largest car market. The Munich-based auto maker is helping its Chinese partner develop engines and a next generation minibus as it seeks to deepen its foothold in China where restrictions prevent foreign owners from exerting full control over local manufacturers....More
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Mercedes, BMW chase ultra rich clients with new high end cars  

BEIJING, April 20 (Reuters) - Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine. The 5 meter long vehicle, officially called the "Vision Future Luxury" but also referred to as the 9-series, is aimed at a growing class of ultra wealthy clients which are coveted by rival brands such as Bentley....More
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UPDATE 1-GM to invest $12 bln in China and plans more plants  

* To invest $12 bln and build more plants in China * Plans four assembly plants and one engine plant next year * Aims to sell more Cadillacs in China (Recasts, adds details) BEIJING, April 20 (Reuters) - U.S. car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the world's largest auto market....More
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